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IEA raised its forecast for the domestic production of non OPEC oil. In its latest monthly report released on the 10th, the International Energy Agency (IEA) raised its forecast for the crude oil production of non OPEC countries next year, and said that if OPEC did not reduce its production, there would continue to be a global oversupply of crude oil next year

iea said that OPEC output increased by 230000 barrels per day in October, reaching 33.83 million barrels per day, another record high. Iran's output increased to 3.72 million barrels per day in October, which was the largest driving force for the growth of global crude oil supply in 2016

the report predicts that the oil supply of non OPEC countries will decrease by 900000 barrels per day at the original experimental speed this year, but will increase by 500000 barrels per day in 2017, an increase of 110000 barrels per day compared with the forecast in the report last month. Among them, Russia's output will increase by 190000 barrels per day next year on the basis of an increase of 230000 barrels per day this year. Globally, the crude oil supply in October increased by 800000 barrels per day compared with the same period last year. To 9780, some composite materials reports and databases with B1 level reports can also be obtained for the first time in the United States

in terms of demand, IEA maintains the expected growth of global crude oil demand of 1.2 million barrels per day in 2016. It is expected that the demand growth in 2017 and 2016 will be the same. The outline of the indentation in the ductile single crystal is mainly composed of the intersection of the indenter and the uplift line of the displacement material around the indentation. IEA said that there was little evidence that global economic activity was strong enough to further increase the growth rate of crude oil demand. If the oversupply situation in the oil market continues until 2017, there may still be some risks leading to price decline

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